TechnipFMC, the recently merged Franco-US energy and LNG engineering company, reports its second-quarter earnings after the New York Stock Exchange closes on July 26 as its shares dropped following an admission it had made errors in its first-quarter report.

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French energy and LNG engineering company Technip said it was advancing strongly towards its merger with US peer FMC Technology amid stable revenues and progress on its Russian liquefied natural gas project and its two floating LNG ventures in the Asia-Pacific region.

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FMC Technologies, the supplier to energy and LNG projects, reported third-quarter revenue of $1.1 billion, down 29 percent from the same three months last year due to lower activity across all sectors as it prepared to complete a merger with French rival Technip.

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